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Goldman Sachs and Barclays strategists raise target prices for European stock indices
BlockBeats News, June 19. According to a Bloomberg survey, the US-Iran peace agreement has improved the outlook for European stock markets for the second half of the year, and has led multiple strategists to raise their year-end targets.
Goldman Sachs, Barclays, and Société Générale have all raised their forecasts. The latest survey, which involved 16 strategists, shows that the European Stoxx 600 index is expected to close at 640 points by the end of 2026, matching its latest record high. However, some sectors in the market have not yet recovered to pre-war price levels.
Some respondents noted that this provides further upside potential for the market, as investors may rotate sectors to position for an economic recovery scenario.